$789,000
859 The Queensway 703
Toronto (Stonegate-Queensway), Ontario
3bed2bath
condo in Toronto (Stonegate-Queensway)
Browse 32 active listings
Market Analysis
The Stonegate-Queensway neighborhood attracts a diverse range of buyers, including young professionals, families, and retirees. Young professionals are drawn by the convenient access to downtown Toronto via the nearby Gardiner Expressway, while families appreciate the community feel and proximity to several reputable schools, such as St. Mark's Catholic School on Prince Edward Drive and Holy Angels Catholic School on the Queensway. Retirees enjoy the peaceful, suburban vibe mixed with urban amenities, making Stonegate-Queensway a desirable place to settle down. Additionally, the balanced market conditions are appealing since buyers can find a variety of options without feeling rushed, making it ideal for those looking to invest in a condo within this price range.
Price Insights
In the Stonegate-Queensway area, a budget of up to $2,000,000 opens up a diverse selection of condos that cater to various lifestyles. For around the median price of $649,000, buyers can expect to find modern 1-bedroom units featuring stainless steel appliances and open-concept layouts, often situated in well-maintained buildings. Those looking for more space might consider 2-bedroom condos priced around $800,000 to $1,200,000, often boasting larger square footage and amenities like fitness centers and communal lounges. On the higher end, luxury options can be found at approximately $1,800,000, offering stunning views of Lake Ontario and high-end finishes that create a truly upscale living experience.
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About This Property Type
Condos in Stonegate-Queensway are characterized by their blend of modern design and functional layouts. Buildings such as the luxurious Queensway Park offer contemporary 1, 2, and 3-bedroom units that cater to various lifestyles, from singles to growing families. Many condos in the area feature amenities like rooftop terraces, fitness centers, and 24-hour concierge services, enhancing the living experience. The architectural style ranges from sleek, glass-fronted condos to more traditional brick buildings, providing prospective buyers with multiple aesthetic choices. Furthermore, many condos are designed to maximize natural light and outdoor space, with balconies or terraces that extend the living area and offer unobstructed views of the surrounding neighborhoods.
Location Highlights
Stonegate-Queensway is ideally situated near several amenities that enhance the quality of life for residents. The neighborhood is close to the beautiful parks of the area, such as the expansive Humber Bay Park and the tranquil parkside settings of Queensway Park. The accessibility of public transit options, particularly the nearby Royal York subway station, allows easy commuting to downtown Toronto, a major factor for young professionals. Additionally, the vibrant shopping options along the Queensway, including local boutiques and major retailers, provide residents with convenient access to everyday necessities. With a variety of dining options, from cozy cafes to upscale restaurants, the area fosters a strong sense of community that residents love.
Investment Advice
Investing in a condo in Stonegate-Queensway is a smart move, especially considering the balanced market conditions and the area's growing popularity. The steady average price of $658,076 indicates a stable investment opportunity, making it less likely for buyers to experience significant depreciation. Furthermore, with the neighborhood's increasing appeal to young families and professionals, property values are expected to appreciate over time. Nearby developments, including new commercial spaces and residential projects, signal ongoing growth and improvement in the area, making this an opportune moment to invest in Stonegate-Queensway condos. The combination of lifestyle amenities and transportation access enhances the potential for both personal enjoyment and financial gain.
Buying Tips
When looking to purchase a condo in Stonegate-Queensway, it's essential to do thorough research on the buildings and their amenities. Pay attention to the age of the building and the history of its maintenance. Review the condo corporation's financial statements and reserve funds to ensure the property is well-managed. Additionally, consider the location in relation to your lifestyle needs; proximity to parks, such as the nearby Humber Bay Park, and schools like St. Mark's Catholic School can enhance your living experience. Be prepared to act quickly, as balanced market conditions mean desirable condos can sell fast. Finally, working with a knowledgeable local real estate agent can provide valuable insights and help navigate the buying process.
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Frequently Asked Questions About Toronto (Stonegate-Queensway)
How many condos are for sale in Toronto (Stonegate-Queensway)?
There are currently 32 condos listed for sale in Toronto (Stonegate-Queensway) on this site. Listings are updated multiple times per day from CREA's DDF®.
How often are condo listings updated in Toronto (Stonegate-Queensway)?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
What bedroom sizes are available for condos in Toronto (Stonegate-Queensway)?
Condos in Toronto (Stonegate-Queensway) are available in 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom configurations. Use the sidebar links to browse by bedroom count.